Getting to know Iran’s petrochemical holdings; this is Parsian Oil and Gas

Getting to know Iran’s petrochemical holdings; this is Parsian Oil and Gas

Parsian Oil and Gas Petrochemical Holding is one of the major players in the country's petrochemical industry, which, with about 20 percent of Iran's production capacity and complexes such as Pardis and Zagros, has earned the title of the country's largest urea producer and one of the most important methanol producers in the Middle East.

$700 million in gasoline savings by expanding ridesharing

$700 million in gasoline savings by expanding ridesharing

Hossein Mirafazli, an energy expert, says: If only 10 percent of intracity trips are shared, about two million liters of gasoline will be saved daily, which is equivalent to more than $700 million in annual savings for the Iranian economy.

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Increasing domestic gas consumption to 400 million cubic meters

Increasing domestic gas consumption to 400 million cubic meters

Natural gas consumption in the residential, commercial, and small industrial sectors reached about 2 billion 726 million cubic meters last week as air temperatures dropped, and the highest consumption was recorded on Wednesday with about 401 million cubic meters.
Get to know Fajr Energy, the beating heart of Mahshahr petrochemicals

Get to know Fajr Energy, the beating heart of Mahshahr petrochemicals

Fajr Energy Persian Gulf Company (formerly Fajr Petrochemical) was established in the 1970s with the aim of providing utilities to companies in the Special Economic Zone in Bandar Imam Khomeini and became the first centralized utility company in the country. The company plays an important role in transmitting electricity, water, liquid oxygen, and steam to its neighboring petrochemical companies.
Record-breaking delivery of diesel to power plants with zero imports

Record-breaking delivery of diesel to power plants with zero imports

The CEO of the National Petroleum Products Distribution Company said: "The record-breaking delivery of diesel to power plants and the filling of the country's power plant sector oil and gas tanks took place in a situation where we did not import diesel this year, and all of this diesel was supplied by the production capacity of domestic refineries."
Iran’s heavy oil price to drop by $10 in 2025

Iran’s heavy oil price to drop by $10 in 2025

According to OPEC, the average price of Iranian heavy oil in 2025 fell by more than $10 compared to last year, reaching $70.7; a trend similar to the OPEC oil basket, which has fallen by 30% over the last three years.
Slow decline in refining industry; Tehran and Bandar Abbas refineries under pressure from production decline

Slow decline in refining industry; Tehran and Bandar Abbas refineries under pressure from production decline

According to an exclusive report by Energy Press, the refining industry entered the second half of the year in October 1404 with a slow setback and without significant jumps. This trend was repeated last month, and two refineries in Tehran and Bandar Abbas had a decrease in production. On the one hand, some refineries were able to maintain the improvement trend in monthly production and sales.